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Loan Workout Specialist 1

Genesis10
United States, Iowa, West Des Moines
Sep 17, 2024
J Genesis10 is seeking a Loan Workout Specialist for a 12-month contract position. This position will work onsite in West Des Moines, IA. This position w ill work 5 days in the office for the first month then will have the option to move to a hybrid model).

Compensation: $20.00 - $23.76 per hour, W2, depending upon skills and experience level.

Job Description:

  • Participate in or provide support for low complexity initiatives within Loan Workout.
  • This contractor will be supporting the legal remedies team by pulling media for loans that will support the litigation process of defaulted accounts. This person will need to be able to partner with a team that does similar work and the external law firms we do business with.
  • Review basic or tactical issues, policies, or procedures for which answers can be quickly obtained related to low-risk tasks and deliverables with a narrower impact in Loan Workout.
  • Receive direction from supervisor and exercise judgment within defined parameters while developing an understanding of function, policies, procedures, and compliance requirements.
  • Provide information to client personnel in Loan Workout.


Responsibilities:

  • Will access various systems to gather media items, package up materials into a PDF, and send information to external law firms.
  • Assist with creating and completing reports in Microsoft Excel.
  • Create and collect items from lists in E-Car
  • Assist with ad hoc legal remedy projects.


Required Qualifications:

  • 6+ months of Loan Workout or Commercial Lending experience and an understanding of Loan processing
  • User-level experience with Microsoft Excel, Outlook, Word, & One Note
  • An ability to combine documents with Adobe Pro or Adobe Reader
  • Ability to perform research and analysis while following specific procedures
  • Must be highly organized
  • Strong time management skills
  • Partnership skills
  • Finance/ banking and banking operations experience


Desired Skills:

  • Legal administration/ support experience


If you have the described qualifications and are interested in this exciting opportunity, apply today!

About Genesis10:

Ranked a Top Staffing Firm in the U.S. by Staffing Industry Analysts for six consecutive years, Genesis10 puts thousands of consultants and employees to work across the United States every year in contract, contract-for-hire, and permanent placement roles. With more than 300 active clients, Genesis10 provides access to many Fortune 100 firms and a variety of mid-market organizations across the full spectrum of industry verticals.

For multiple years running, Genesis10 has been recognized as a Top Staffing Firm in the U.S., as the Best Company for Work-Life Balance, and as the Best Company for Career Growth, Diversity, and for Leadership, amongst others. To learn more and to view all our available career opportunities, please visit us at our website.

Genesis10 is an Equal Opportunity Employer. Candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

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